The Central Bank of Azerbaijan announced the financial indicators of the insurance market for January-February of this year.

"APA-Economics" has prepared the ranking of insurance companies according to the dynamics of payments with reference to CBA.

"PASHA Life" was the insurance company whose payments increased the most with absolute dynamics.

Payments of the insurance company increased by 3.6 times or 23.8 million manat compared to the same period last year.

The sharpest decrease with absolute dynamics was recorded in "Azersigorta" company.

Payments of the insurance company decreased by 38.2% or 1.4 million manats.

The ranking is exactly as follows:

Name of Insurer

Insurance Paid

husband

(thousand AZN)

Relative dynamics

Absolute dynamics

"Pasha Life Insurance" Open Joint Stock Company

32 888

3.6 times

23 780

"Ateshgah Hayat" Insurance Company Open Joint Stock Company

3 755

269.7%

2 739

"Xalq Sigorta" Open Joint Stock Company

5 442

39.5%

1 542

"Ateshgah" Insurance Company Open Joint Stock Company

2 845

58.8%

1 053

"Mega Insurance" Open Joint Stock Company

1 624

108.8%

846

"A-Group Insurance Company" Open Joint Stock Company

2 257

43.1%

680

"AzSigorta" Open Joint Stock Company

1 690

59.7%

632

"Xalq Hayat" Insurance Company Open Joint Stock Company

572

191 times

569

"Gala Insurance" Open Joint Stock Company

1 424

61.6%

543

"Agrar Insurance" Open Joint Stock Company

551

569.6%

468

"Azerbaijan Industrial Joint Stock Company" Open Joint Stock Company

1 055

67.1%

423

"Gala Hayat" Insurance Company Open Joint Stock Company

686

114.7%

366

"Baku Insurance" Open Joint Stock Company

454

19.6%

74

"Pasha Insurance" Open Joint Stock Company

11 669

0.6%

70

"Nakhchivansıgorta" Open Joint Stock Company

129

94.9%

63

"Silk Road Insurance" OJSC

23

196.3%

15

"Gunay Sigorta" Open Joint Stock Company

608

-23.1%

-182

"AtaSigorta" Open Joint Stock Company

544

-55.7%

-684

State Insurance Commercial Company of the Republic of Azerbaijan

2 300

-38.2%

-1 420